Another tip I've found effective is to buy non-perishable essentials in bulk at discounts. I'll spend $1000 at Target or wherever buying shampoo and shaving cream and that kind of thing when it is on sale.
If you manage to save 10-15%, that is a better return that you would most likely get investing that money, plus you aren't taxed on that savings like you would be an investment. You also get the time savings of not having to go buy that stuff every week/month. The key is to make sure even though you have more on hand, you don't increase your consumption of those items.
If you manage to save 10-15%, that is a better return that you would most likely get investing that money, plus you aren't taxed on that savings like you would be an investment. You also get the time savings of not having to go buy that stuff every week/month. The key is to make sure even though you have more on hand, you don't increase your consumption of those items.